17. What will be the difference between simple and compound interest @ 10% per annum on a sum of Rs.1000
after 4 years?
(A) R5.31
(B) Rs.32.10 (C) Rs.40.40 (D) Rs. 64.10 (E)None of these
Answers
Answered by
2
Answer:
64.10 . Answer: Principal sum = ₹1000, interest rate = 10%p.a. , time= 4yrs. ... Compound interest= P{1+ R/100}™ - P =1000{1+10/1000}^4-1000 = 1464.1 - 1000 = 464.1 Thus difference in interests= 464.1 - 400 = ₹64.1.
Answered by
0
Answer:
I hope it will help you I searched it :) :)
if you don't mind will you mark me as brillientest
Attachments:
Similar questions